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Under contract
  • Price cut: $20K (6/16)
    $125,000

    2526 Palmetto Ter, Carrabelle, FL 32322

    3beds
    1,032sqft
    : 
    $818/mo
    Get pre-qualified
    Single Family Residence
    Built in 1960
    10,018 Square Feet Lot
    $-- Zestimate®
    $121/sqft
    $-- HOA

    What's special

    Quiet paved street
    This 3-bedroom, 2-bath 1960 cottage offers a simple, comfortable coastal retreat on a quiet paved street. Just minutes from the Lanark Marina and the beauty of the Forgotten Coast, it works well as a full-time home, a weekend getaway, or an investment rental. It has served as a steady long-term rental for several years and is now vacant and sold as-is, giving the next owner a chance to update and add value. Price reflects the home’s as-is condition and opportunity for the new owner to customize finishes to their style. The interior has been freshly painted and the old carpet removed, giving the home a cleaner starting point. The living room’s original hardwood floors add character, while the master features vinyl plank for easy maintenance. The secondary bedrooms still have their existing linoleum, offering an opportunity for the new owner to choose the flooring style they prefer. The main bathroom renovation was started and will need finishing, and the laundry room includes an added full bath with a stand-up shower. The home sits high and dry with city water and sewer. Outside, the fenced backyard offers room to enjoy the outdoors, along with a two-story playhouse that can serve as a fun spot for kids or additional storage. With its coastal location, rental history, and as-is pricing, this cottage is ready for your updates and personal touch. Seller will consider seller financing with down payment and terms for qualified buyers, offering flexibility for those seeking an alternative to traditional lending.
    142 days
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    52
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Nichols 850-274-3557,

    Coastwise Realty

    Source: TBR,MLS#: 397003MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Dimensions: 16x12
      Bedroom 2
      • Dimensions: 14x11
      Bedroom 3
      • Dimensions: 12x10
      Dining room
      • Dimensions: na
      Family room
      • Dimensions: na
      Kitchen
      • Dimensions: 12x10
      Living room
      • Dimensions: 19x12
      Cooling
      • Ceiling Fan(s), Wall/Window Unit(s)
      Appliances
      • Included: Oven
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,032
      • Total interior livable area: 1,032 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Covered, Porch
      • Fencing: Partial
      • Has view: Yes
      • View description: None
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 170 x 60 x 170 x 60
      Details
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,One Story
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1960

      Community & HOA

      Community
      • Subdivision: Gulf Terrace
      Location
      • Region: Carrabelle

      Financial & listing details

      • Price per square foot: $121/sqft
      • Date on market: 3/6/2026
      • Cumulative days on market: 143 days
      • Listing terms: Conventional,FHA,Owner May Carry,Other
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,755/mo

        Price history

        DateEventPrice
        6/18/2026Contingent$125,000$121/sqft
        Source: TBR #397003 Report a problem
        6/16/2026Price change$125,000-13.8%$121/sqft
        Source: TBR #397003 Report a problem
        6/8/2026Listed for sale$145,000$141/sqft
        Source: TBR #397003 Report a problem
        6/6/2026Contingent$145,000$141/sqft
        Source: TBR #397003 Report a problem
        4/15/2026Price change$145,000-6.5%$141/sqft
        Source: TBR #397003 Report a problem
        3/7/2026Listed for sale$155,000$150/sqft
        Source: TBR #397003 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32322

        Getting around

        0 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Franklin County Middle School
        • High: Franklin County High School

        Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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